Name: Foreign Exchange - Non-Deliverable Forwards
Availability: InStock
Rating: 5.00 (2 reviews)

Overview

Foreign Exchange Non-Deliverable Forwards Course Overview

Some nations choose to protect their currency by disallowing trading on the international foreign exchange market, typically to prevent exchange rate volatility. Market participants can use non-deliverable forwards (“NDFs”) to transact in these non-convertible currencies. In this course, we will discuss how traders may use NDFs to manage and hedge against foreign exchange exposure. We will also take a look at various product structures, such as par forwards and historic rate rollovers. Lastly, we will outline several ways to negate or cancel an existing forward position that is no longer needed.

Who Should Take This Course?

This course is designed for those who desire to work in or already work with FX trading, specifically in exotic markets where capital controls exist and it is not possible to construct a deliverable forward curve.

Foreign Exchange - Non-Deliverable Forwards Learning Objectives

Explain non-deliverable forwards
Compare regular and irregular settlement and fixing dates
Identify NDF and DF risk limits and manage forward exposure
Calculate settlement payments, broken dates, risk limits, par forwards, and historic rate rollovers
Learn about the history of the Yen premium

Prerequisite Courses

Recommended courses to complete before taking this course.

Foreign Exchange - Non-Deliverable Forwards

Led by Guy O'Loughnane

Level 5

54min

100% online and self-paced

Field of Study: Finance

NASBA CPE Credits: 1.5

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What You'll Learn

Lesson

Multimedia

Exams

Files

Course Summary

Qualified Assessment

This Course is Part of the Following Programs

Why stop here? Expand your skills and show your expertise with the professional certifications, specializations, and CPE credits you’re already on your way to earning.

Capital Markets & Securities Analyst (CMSA®) Certification

Skills Learned Trading strategies used in the finance and capital markets
Career Prep Work in capital markets, whether on the buy-side or the sell-side

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What Our Members Say

Insightful

Forwards really goes a long way. Clearly explained the non-deliverable forwards and it was easy to follow. This course has provided me with more clarity, the content was engaging.

Linda Etuhole Nakasole

Good course content and presentation

I appreciate CFI for their good course content and presentation varieties.

RHYTHMI ROSA S

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Foreign Exchange – Non-Deliverable Forwards